Looking to diversify beyond SVIX? The ETFs below have the lowest correlation with SVIX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from SVIX.
Best Diversifiers for SVIX
322 ETFs have low correlation with SVIX (below 0.3), 71 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.36, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.36 | -0.28 | -0.30 | 57 | Cryptocurrency | SVIX vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.36 | -0.34 | -0.34 | 52 | Cryptocurrency, Leveraged Cryptocurrency | SVIX vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.34 | — | — | 68 | Inverse Equities, Leveraged Equities | SVIX vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.34 | — | — | 60 | Inverse Equities | SVIX vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.31 | -0.35 | — | 70 | Derivative Income | SVIX vs WNTR |
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